Monthly Archives: June 2017

Markets still broken and rigged, revolving door still spinning against investors

Joe Saluzzi of Themis Trading and co-author of the 2012 book Broken Markets: How high frequency trading and predatory practices on Wall Street are destroying investor confidence and your portfolio testified about broken, rigged markets and still revolving doors between … Continue reading

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Cautionary tale on ‘hot’ stocks and confident bets

Innate Immunotherapeutics is a small Australian biotech company who’s main drug is an investigational treatment for multiple sclerosis.  New York House Rep Chris Collins is a board member and was Innate’s largest shareholder with a position valued at over $45 … Continue reading

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Faber notes grounds for ‘epic’ market decline ahead

As fresh-faced CNBC hosts come and go, a few guests have decades of real life market experience. Fewer still are independents free to call conditions as they seem them, unconstrained by their corporate sales targets for proprietary financial products and … Continue reading

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Nightmare on Main Street: buy, lose, sell, buy, lose, sell…

The Bank of International Settlements (BIS) is a board made up of 60 different central bank heads, that meets bi-monthly in Basel, Switzerland and bizarrely issues reports where they talk about central bankers (ie., themselves) in the third person.   Rather … Continue reading

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WNYC examines the birth of climate denial

It started with a substitute teacher in Tennessee who believed that evolution should be taught in the classroom. What followed was a fiery debate that rocketed around the world. The Scopes Trial reminds us that science has often upset the … Continue reading

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Tracking oil’s swan song

While Wall St. and traders are preoccupied with daily crude support levels, the real story is the growing race by producers to cash out before ‘black gold’ goes the way of coal and the 8-track. In years previous, articles about … Continue reading

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